CMBX coupons have dipped an average of five basis pointss across the index, according to Royal Bank of Scotland analysts. This is given that shortfalls and losses rose higher in the capital structure.

The non-mortgage ABS primary market has seen its strongest start since the 2008 to 2009 credit crisis, according to a Barclays Capital report released this afternoon.

Middle market lender NXT Capital is prepping its first collateralized loan obligation.

The latest conduit offering from JPMorgan and Ladder Capital called JPMCC Commercial Mortgage Securities Trust 2012-C6, priced this week, with the last cash flow pricing at 115 basis points over swaps, according to analysts at Barclays Capital.

Edward DeMarco, the acting director of the Federal Housing Finance Agency (FHFA), said Thursday he is “deeply concerned” about underwater borrowers, but said that forbearance plans and short sales already serve as forms of principal reduction without saddling taxpayers with further losses.

Fannie Mae guaranteed $7.1 billion of new multifamily MBS during the first quarter, its best issuance volume since the advent of the credit crisis four years ago.

Comptroller of the Currency Thomas Curry on Thursday urged eligible borrowers to sign up for the Office of the Comptroller of the Currency's (OCC) foreclosure-review process, and suggested that homeowners who didn't like the results would still be able to sue their mortgage servicers later.The OCC has been at odds with the Federal Reserve Board over whether borrowers should be required to waive their legal rights as a condition of compensation under the independent foreclosure reviews being conducted by the 14 largest servicers.

The American Securitization Forum (ASF) will be holding ASF 2013 in the same spot that it did this year's conference. The industry gathering will be held at the Aria Hotel in Las Vegas on January 27-30, 2013.

PHH Corp. said today that it appointed Robert Crowl, executive vice president. He will assume the role of chief financial officer after the company has completed its 1Q12 financial reporting.

Bank of America originated just $16 billion of first and second liens in the first quarter, a 72% decline from the same period a year ago as the closing of its correspondent channel weighed heavily.

In response to industry complaints, regulators on Thursday provided precise guidance on when financial institutions will have to comply with the Volcker Rule.